This chapter is, as I understand it, mainly concerned with publicly-quoted companies. Is that correct?
SECTION 61.
Question proposed: "That section 61 stand part of the Bill."
No, all public limited companies, whether quoted or not.
But it would apply basically to companies where takeovers would be likely to arise. Is it fair to say that this chapter is really dealing with potential takeovers?
It is not the only thing that it is dealing with but that is one of the factors that will arise. It is dealing with quite a small number of companies, but they will be, in general, much bigger companies.
Question put and agreed to.